Romanian Leu Opens Stronger, As Banks Sell Euro
The Romanian leu continued to strengthen in early session Friday, as local banks are selling euros, dealers said.
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The Romanian leu continued to strengthen in early session Friday, as local banks are selling euros, dealers said.
Romanian state-owned electricity distributor Electrica asked German utility group E.ON to pay damages worth EUR50 million within a litigation initiated by E.ON in the International
Grupul francez de asigurări AXA a semnat un contract de servicii IT&C pentru consolidarea sistemului informatic la nivelul companiei din România, a anunțat AXA Life Insurance.
Wednesday signed an agreement to broker the secondary offering for a 15% stake in Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO).
Romanian software provider TotalSoft Wednesday said its sales rose 15.4% on the year to EUR25.9 million in 2011, fueled by increased demand for end-to-end ERP solution Charisma.
Romanian building materials producer AdePlast Wednesday said its 2011 sales rose 12.5% on the year to 143 million lei (roughly RON33 million), in line with expectations.
Romanian state-run hydropower generator Hidroelectrica could be floated on the Bucharest stock exchange in three to six months, once the technical details of the offering are completed
Banca Comerciala Romana (BCR) will continue to support the Romanian economy, whose future depends also on the growth of its largest lender, said Adreas Treichl, chief executive of Austrian
Romanian regional investment fund SIF Moldova (SIF2.RO) has concluded a binding agreement to sell the 6% it owns in lender Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.RO)
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) has signed three deals worth $20 million for oil prospecting in Morocco, general manager Gehrig Schultz said Wednesday